Should the Aliens Colonial Marines franchise be given another chance?

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You know, I've been thinking about how bad the Alien Colonial Marines game tanked and feel bad about all the potential it had, it was all about what all Aliens fans want, to be a Colonial Marine like Hudson, Hicks, and Vazquez.

Is it possible they can give it another chance? Different developers, different story, nicer graphics, and most of all, better gameplay. Instead of it being a shoot'em up, maybe make it survival horror with action and strategy, like Resident Evil 4. I mean, that's the best I got. Is it possbile to get the Colonial Marines right and try one more time? Can it be redeemed?